Car Shipments to the US Have Fallen Off a Cliff. Guess Why
6 Articles
6 Articles
Imports of cars by sea into the United States fell sharply in May, Automotive News reports. This is due to the tariffs on foreign cars imposed by Donald Trump. According to data from trade specialist Descartes Datamyne, volumes fell by more than 70 percent compared to the previous year. Around 9,380 fewer 20-foot containers of cars were shipped in May. Depending on the model, one container is roughly equivalent to a single car. This drastic decl…
U.S. auto imports drops more than 70% in May
In the wake of President Donald Trump’s tariffs on imported autos, the volume of vehicles shipped to the U.S. plunged dramatically. According to the trade database Descartes Datamyne, maritime imports of autos dropped by 72.3% in May compared to the same month last year. This sharp decline indicates that automakers are opting to hold inventory offshore rather than pay the 25% duty on auto imports. Most are likely delaying shipments, hoping for p…
A few months after the entry into force of the controversial tariff regime introduced by US President Donald Trump, the first concrete consequences are felt on vehicle imports into the United States. If manufacturers had initially promised to maintain prices as long as possible, the experts' forecasts now seem to be confirmed: American customers are beginning to feel the effects of these protectionist measures. Car imports at the bottom Accordin…
Car shipments to the United States are sinking due to Donald Trump’s tariffs. The United States applies a 25% rate to imported cars not manufactured in the country with the aim of protecting the national automotive industry and promoting local production. Far from that, the trade measures of The White House are affecting the world’s largest economy with an unprecedented collapse in the volume of cars sent across sea routes. According to data tha…
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